Goes to show - fraud prevention - digital trust is the first thing you need to think of for your mobile stack #Baas #banks #fintech

Why not ban men from being outdoors late at night?

Behavior analysis is the next frontier of fraud prevention. As account takeovers, phishing, and other fraud vectors become more sophisticated, fraud prevention must move toward behavior analysis. The way you type is unique. It’s like how you talk. You have specific words you say more than others, a certain cadence you talk with, and maybe even an accent. On your phone (or laptop) it’s the same story — each person has a collection of traits that, together, make your style unique. That means if someone who isn’t you tries to log in, even with the correct info, that can be detected. @sardine has built a model that detects whether you’re the actual user or someone else just based on how you hold the phone. With that info, we can say whether it’s the actual user with 85% accuracy. That’s not definitive, but it’s a fantastic fraud signal. Especially combined with the thousands of other data points we have to detect fraudsters.

If a pickpocket steals your phone, they could steal all the money in your bank account. And in most cases, you won’t be refunded. Even if you have a PIN code and biometric authentication set up. How? A pickpocket does something called “shoulder surfing.” They stand behind you and watch you enter the PIN codes. Why does this work? 🤔 🐟🐟🐟 Most banking apps consider the PIN code a fallback (or even as more secure than biometric authentication). If biometric authentication fails, the user can use the PIN code to get full access to the account. Your computer may work like this, too. So the fraudster goes into your apps, fails the biometrics or just skips them, and enters your PIN code. Boom – they’re in. And once they’re in the account, they can do whatever they like. Including moving your life savings into another account they control. In many cases, you won’t be refunded. Why no refund? 🤔 🐟🐟🐟 To the bank, it looks like you authorized those transactions. Fraud investigators at the bank see legitimate-looking transactions securely approved. Fortunately, now there are some banks refunding users But there is more we can do… Every swipe, tap, and type you make is unique to you. If you suddenly started speaking with a French accent, people might notice. If we understand your unique behavior, we can notice those changes too. You have a specific way you type. A specific way you login. Even a specific way you hold your phone. At @sardine, we focus on the device and the behavior. So if any of those traits specific to you change, our fraud alerts start going off. That way, we’ll prevent more people from losing their life savings.

The Future of Enterprise: Exploring the Role of Web3 Technologies @cailleachde Blockchange Ventures #TiEcon2023 #Web3 & #Metaverse Panel 10:45 AM, @SantaClara_CC Hall J&K Reg: lnkd.in/gtNcj4V2 @TiESV @chasker @swirldslabs @GaryBrandeleer @salesforce @bandwidthMP @sardine

The Future of Enterprise: Exploring the Role of Web3 Technologies @cailleachde Blockchange Ventures #TiEcon2023 #Web3 & #Metaverse Panel 10:45 AM, @SantaClara_CC Hall J&K Reg: lnkd.in/gtNcj4V2 @TiESV @chasker @swirldslabs @GaryBrandeleer @salesforce @bandwidthMP @sardine

You gotta start experimenting @bandwidthMP @sardine @cailleachde Blockchange Ventures #TiEcon2023 #Web3 & #Metaverse Panel 10:45 AM, @SantaClara_CC Hall J&K Reg: lnkd.in/gtNcj4V2 @TiESV @chasker @swirldslabs @GaryBrandeleer @salesforce

So exciting to meet the future leaders of finance @IIF class of 2023. @sardine going places thanks to amazing partners like #visa

excited to be on a #Web3 panel at @TiEcon. tiecon.org/agenda-details/76…

4/ For the next 24 hours, we’ve partnered with Ledger to waive transaction fees and rebates to celebrate the launch and let users experience the @sardine promise. Faster, safer payments for you and your users. Excited to partner with a company that shares so many of our values.

We are excited to announce that we are partnering with @exodus_io to unlock the first Instant ACH to Crypto Purchasing for millions of Exodus customers in the U.S.

1/ Imagine a crypto on-ramp that’s the safest, fastest and has the highest conversion rates in the industry… It’s real, and it’s coming to @Ledger At Sardine, our crypto on-ramp is trusted by incredible companies and today we’re thrilled to add Ledger to that list of partners.

Need more tools like this in slack to organize it - there’s white space to help use slack more efficiently- @SlackHQ

1/ 🎣Let's dive into some fishy behavior: money mules We asked Chat GPT (we couldn’t help jumping on the trend) what customers and financial institutions need to know:

Millionaires are leaving Russia, China, and India for the UAE, Singapore, and Australia 🤯

Even in 2022, gripe water usage in infants is rampant. Its not only ineffective but also harmful. Can lead to serious health issues later. The main preservative Bronopol, is a highly toxic pesticide. To simply sum up, Gripe water is POISONOUS to ur child #MedTwitter #PedsTwitter

linkedin.com/posts/activity-… #Money2020USA

Exciting things from @sardine #CryptoNews

We're thrilled to announce that we've raised $51.5M in Series B funding led by @a16z 🎉 We're grateful to our new and existing investors who have supported us as we've built a world-class fraud detection engine and launched our crypto and NFT on-ramp products.

The first ever Signature Experience has arrived on @Autograph. This is a chance to follow along with my season in a way that’s never been done before… (and I’m planning on having a big season) Go to autograph.io/tombrady to ride along, space is limited. #AutographFounder

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